Ship Sales & Purchase
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2018-08-01 13:45:47

Monaco-based tanker owner Scorpio Tankers has entered into sale and leaseback agreements with an unnamed financial institution for four more product tankers. The four vessels are composed of two MR product tankers, STI Gramercy and STI Queens, and two LR2 product tankers, STI Oxford and STI Selatar.

The vessels will be bareboat chartered in for seven years at US$7,935 per day for each MR and US$11,040 per day for each LR2.

Scorpio has the option to buy back the vessels at the end of the third year of each agreement, and there is obliged to repurchase the ships upon expiration of each deal.

2018-07-31 16:41:57

Danish tanker owner Maersk Tankers received its newbuild MR product tanker, Maersk Callao, on July 27.

The 50,000dwt tanker was built by Samsung Heavy Industries shipyard in Ningbo, China. It measures 183 meters in length and 32.2 meters in width, which conducted its sea trials in late June.

The newbuild is the third one of a series of nine MRs ordered in 2015.

2018-07-30 13:56:49

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to 12 very large ethane carriers (VLECs).

Data provided by Asiasis show that the company placed the order with two South Korean shipyards, Samsung Heavy Industries and Hyundai Heavy Industries.

It is reportedly that the company placed firm orders for three vessels at each of the said shipyard, coupled with three options for each contract. The delivery is scheduled to start from the second half of 2020.

Asiasis added that the newbuilds will measure 93,000cbm with the price worth up to US$1.5 billion.

2018-07-30 13:52:50

China-based yard Nantong Xiangyu Shipbuilding and Offshore Engineering Co., Ltd. has only one year old, but its orderbook has hit more than 30 units, which makes it rank among the top 20 of China's shipbuilders. The performance eclipses many shipbuilders in China which are struggling to get orders.

It is said that Nantong Xiangyu has recently secured a big order of six bulk carriers from Japanese owner DounKisen. The value of the order totals approximately US$164 million.

The said order is composed of two 64,000dwt Utramax bulkers with two options, and two 82,000dwt Kamsarmax bulkers. The delivery is scheduled for the first semester of 2020. All of these newbuilds will be constructed in accordance with the Tier II emission regulation. A source said that the four Ultramaxes have been confirmed, but the order for the two Kamsarmaxes is still under negotiation.

2018-07-27 15:21:29

Ocean Network Express (ONE), the merged container shipping business of Japanese shipping trio NYK Line, K Line and MOL, has received a new magenta-colored container vessel.

The 14,7000dwt vessel "ONE MINATO" was delivered to its owner at Hiroshima Shipyard of Imabari Shipbuilding, Japan on July 24, 2018.

The newbuild measures 365.9 meters in length and 51.2 meters in width.

The newbuild will be deployed on EC4 – East Coast 4 service, sailing from Asia to US East Coast, under THE ALLIANCE.

The vessel will have a port rotation of Kaohsiung, Hong Kong, Yantian, Cai Mep, Singapore, via Suez to New York, Norfolk, Savannah, Charleston, New York, then Singapore via Suez.

2018-07-27 15:18:17

Dry bulk specialist Genco Shipping & Trading Limited has taken delivery of a 2014-built 61,000dwt Ultramax vessel "Genco Weatherly". It is the first of six vessels to be acquired under the agreements Genco has recently inked.

Besides the Ultramax, the company reached a deal to purchase two 2015-built 180,000dwt Capesize vessels and another 2016-built 60,000dwt Ultramax vessel.

Additionally, Genco entered into another agreement to acquire two 2016-built 180,000dwt Capesize vessels.


2018-07-25 17:36:43

Connecticut-based bulker owner Eagle Bulk Shipping has bought a 2014-built SDARI-64 Ultramax bulk carrier for US$21.2 million.

The vessel, constructed at Chengxi Shipyard, will be renamed M/V Hamburg Eagle. It is scheduled for delivery during the fourth quarter of 2018. By then, the company's fleet will be made up of 47 vessels.

The acquisition comes after Eagle Bulk returned to profit in the first quarter of 2018.


2018-07-25 17:30:03

Japanese shipowner Nissen Kaiun has reportedly added two more Medium Range (MR) tankers to its newbuilding tally.

According to Asiasis data, the shipowner has placed an order for a pair of MR tankers with compatriot Onomichi Dockyard.

The duo is scheduled to be delivered in 2020. Nissen Kaiun spent approximately US$36 million apiece.

It is said that the two newbuildings will be chartered out to Chevron.

VesselsValue data show that the Japanese company has a total of 33 newbuilings on order at various Japanese shipbuilders, including 12 Panamax bulkers, four Aframax tankers, two Ultramaxes, five Sub Panamaxes, seven MR2 tankers, one VLCC, one VLGC LPG and one small chemical tanker.

2018-07-24 16:08:40

U.S.-based shipping company Crowley Maritime Corporation has received its first LNG-fueled Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine.

The 26,500dwt vessel is built specifically for the Puerto Rico trade. It measures 219.5 meters in length. In addition, it can transport up to 2,400 TEUs at a cruising speed of 22 knots.

The vessel is scheduled to start its maiden voyage to San Juan later this month from Jacksonville (JAXPORT).

According to Tom Crowley, chairman and CEO, this delivery marks another milestone in the company's unwavering commitment to Puerto Rico and the Jones Act.

Tom Crowley said that the company has made great efforts and a huge amount of money to make its Puerto Rico shipping and logistics services reach world-class standards.

2018-07-24 16:06:16

Italian shipbuilder Fincantieri has held a steel cutting ceremony of the second of three cruise ships ordered by Virgin Voyages, a part of Virgin Group, at Fincantieri’s Sestri Ponente (Genoa) yard on July 20. The newbuild, set for delivery in 2021, will weigh about 110,000 gross tons and measure a length of 278 meters and a width of 38 meters.

It will have over 1,400 guest cabins that can host more than 2,700 passengers, accompanied by 1,150 crew members on board.

In addition, the vessel features alternative technologies that will reduce the ship's emissions.

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